We are delighted to announce our continued partnership with The Associated Retirement Community Operators (ARCO) as one of the main sponsors of its annual conference in July 2019.
Entitled “What next? 2019 – risk, reward, responsibility”, this year’s conference will look at how new business models are redefining the distribution of risk, reward and responsibility in the retirement community sector. The conference will bring together the latest thinking from leading operators, thinkers and regulators in the retirement sector. It will run over two days, 10 and 11 July, and will take place at The Royal Horticultural Halls, London.
The Knowledge Exchange Day, held on 11 July is hosted by Trowers & Hamlins at their offices in the City, and will provide the opportunity for deeper exploration of the key topics facing the retirement community sector. Carterwood Director Matthew Drysdale will be hosting a workshop entitled ‘The future opportunity – analysing the upcoming supply of Retirement Living’.
Carterwood know that when assessing a market for development, there are a whole host of things to consider: Is there a demand in this location? Is there sufficient wealth to drive average fees and an appropriate return on my investment? Is the existing competition in the local area significant? But while these factors are undoubtably important, markets are not static, and the potential competitive threat within the planning system is also a key consideration when assessing the future opportunity.
To address this consideration, late last year, Carterwood invested over 1,000 hours of research in order to build a live database of all the planned schemes in the United Kingdom for older people’s housing. Carterwood’s comprehensive dataset includes every planned scheme in the UK since 2015 under the use class C2 for accommodation for older people, and work is now ongoing to maintain this picture of the development pipeline across the country.
Matthew will aim to share some of this exciting research by:
- Considering how many of these planned schemes have been developed;
- Exploring the opportunities within the market that this newfound dataset presents;
- Examining how different regions vary in terms of success, failure and timescales to achieve planning permission.
For further information and details on how to book a place at the Carterwood workshop, please view the ARCO conference website.